Cathie Wood’s Ark Invest expanded its crypto bets again this week, increasing its stake in the bullish exchange by more than 105,000 shares, worth nearly $5.3 million.
The purchase, spread across Ark’s three actively managed ETFs—Arkk, ARKW and ARKF—brings Ark’s total position in the bullish, Coindesk’s parent company, to nearly 2.27 million shares, worth $114 million in closing price on Friday at $50.57 per share.
The investment deepens Ark’s push into digital asset infrastructure, an area the firm has focused on over time, including when Bullish went public A $1.1 billion IPO Earlier this year.
That initial offering included Ark as a day-one investor with $172 million in backing. Bullish now makes up 0.94% of ARKK, 0.95% of ARKW, and 1.15% of ARKF. But it’s part of a larger footprint of linked crypto.
Across the three ETFs, ARK’s combined exposure to blockchain and crypto-related companies, including Coinbase, Robinhood, Circle, and Miner Bitmine, plus Crypto ETFs now totals $2.15 billion. To make room, Ark is holding hands with traditional tech names like Palantir and Shopify.
ARKF leads with 29% of its portfolio allocated to crypto-related assets, closely followed by ARKW at 25.7% and Arkk at 17.7%, based on company filings.
That exposure comes through major stakes in Coinbase (over $675 million across all three funds), Robinhood, and StableCoin Issuer Circle, as well as products tied to the staking of ether and Solana through ETFs like ETHQ/U and SOLQ/U.
